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Just my thoughts #0809

Choice Costs: Every decision has a cost. Giving up is also a choice, and therefore, it carries a cost as well. The purpose of spending money is to gain the efficiency or benefit of a chosen option. Organizations can be at risk if leaders fail to correlate costs and benefits when making decisions or relinquishing opportunities. For example, if a CEO decides to hire an employee, there is a cost associated with wages, and if the employee cannot perform their role corresponding to the wage, the organization suffers a loss. Ultimately, if the CEO fires that employee, the organization must find a replacement, incurring additional costs in the process. A CEO who spends excessively on emotional indulgences is a harmful leader. - Joseph’s “just my thoughts”
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Just my thoughts #0133

Talent is rather not to be developed. It is revealed. Efforts are made to enhance this revealed state, which we call “ability.” When this ability is randomly known to the public by chance, it is said to be “good luck.” Talent is given, and luck is also provided. We believe that a worthy human being puts in the effort. However, success is not solely determined by effort.


- Joseph’s “just my thoughts”




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Just my thoughts #0039

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